Last year’s bitcoin hype and the soon-to-follow crash afterwards left many of us unsure what to think of the most popular cryptocurrency. Sites like www.coinbase.com have made it easier than ever to buy crypto.
But is now the time to purchase? Critics say that all cryptocurrencies are too volatile, but some proponents argue that the BTC might rise very much in the long run, some say it might reach up to 500k USD whereas now it is around 7k USD.
If such an increase were to happen, even a small investment (e.g. no more than one tenth of your monthly net salary or half a week’s paycheck) might make a difference.
So what to do? Don’t risk too much, but I am going to invest a small amount and see where the journey takes us!